(Just The News)—Microsoft is laying off 4% of its global workforce, including 830 jobs in Washington state.
The 4% in cuts represent approximately 9,000 Microsoft employees. The Washington State Employment Security Department revealed that the 830 cuts, or 9.2% of the 9,000 layoffs, are from the tech giant’s corporate headquarters in Redmond and Bellevue.
The workforce reduction mostly impacts the company’s sales division and video game division.
Since May 13, Microsoft has announced a total of 3,120 cuts to its workforce in Washington, including an initial 1,985 workers. The company cut an additional 305 workers based in Redmond last month.
The company regularly adjusts its workforce to meet strategic demands of the business. The latest wave of layoffs was made to enhance company efficiency, according to a Microsoft spokesperson, who said the company will minimize redundancies by streamlining processes, procedures and roles.
“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” a Microsoft spokesperson told The Center Square in an email.
The cuts come within the same year as the company seeks to implement artificial intelligence, or AI. At the beginning of the year, Microsoft Vice Chair and President Brad Smith said that the company is on track to invest approximately $80 billion to build out datacenters that will train and deploy AI and cloud-based applications around the world.
“More than half of this total investment will be in the United States, reflecting our commitment to this country and our confidence in the American economy,” Smith said in a blog post on Jan. 3.
The 830 Washington layoffs will go into effect on Aug. 31.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
